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Expert: New Loan Modification Plan Recreates 'Old-Style' Banking

Denise Harris is worried about her children. Since her divorce, it's been tough to make her mortgage payments and she's afraid that her family will soon have to move out of their Arizona home. The children, ages 9 and 13, "don't want to move. They've gone through a divorce already and I wanted stability for our lives," Harris said, "but Mommy's got to find a creative way to make it work right now." If the federal government offered a plan to help her modify her mortgage, Harris said, "it would... Full Story
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